Savy Infra SME: Check IPO Date, Live Subscription and Key Details
Savy Infra & Logistics Limited, established in February 2006, is an Engineering, Procurement, and Construction (EPC) company specializing in earthwork and foundation preparation for large-scale infrastructure projects. Their services include road construction, embankments, sub-grade preparation, granular sub-bases, and bituminous or concrete surfaces. Their clients primarily consist of government and semi-government entities. As of May 31, 2025, the company had an unexecuted order book of ₹463.36 crore.
Min Investment
₹144000
Price Range
₹114.00-120.00
Issue Size
₹66.47 Cr
IPO Type
NSE SME
Key Metrics
Check Live GMP
Face Value
₹10
EPS
11.48
P/E Ratio
10.46
RoNW
45.7%
ROE
76.1%
Debt to Equity
0.86
Timeline
IPO Opens
21 Jul
IPO Closes
23 Jul
Allotment
24 Jul
Listing
28 Jul
IPO Objectives
- Funding working capital requirements of the company.
- General Corporate Purposes.
Strengths
- Asset-light business model through rental of advanced machinery for projects and integrated operations, optimizing capital expenditure.
- Integrated business operations offering end-to-end solutions from earthwork to finished surfaces, along with Full Truck Load (FTL) logistics services.
- Strong financial performance track record with significant growth in revenue (179% between FY24 and FY25) and profit after tax (142% between FY24 and FY25).
- Experienced promoter and management team with extensive expertise in the infrastructure and logistics sectors.
- Consistent profitability and healthy return ratios (RoNW of 45.70% and ROCE of 25.13% in FY25), demonstrating efficient utilization of resources.
Weaknesses
- Heavy reliance on a single segment of civil construction (earthwork and foundation preparation), making the business vulnerable to downturns or policy changes in this specific niche.
- Working capital intensive business, as a significant portion of the IPO proceeds (₹49 crore) is allocated to working capital, indicating ongoing needs for funding operations.
- High revenue concentration from the top 5 customers (54.89% in FY25), posing a risk if these key clients reduce or terminate contracts.
- Significant increase in borrowings over the last fiscal year, leading to a debt-to-equity ratio of 0.86 (FY25), which, while manageable, indicates increased financial leverage.
- The company's operating performance is directly dependent on the level of infrastructure spending by government and semi-government entities; any slowdown in such spending could adversely impact revenue.
Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 185.81 | 41.7 | 10.1 |
| Revenue (₹ Cr.) | 283.77 | 101.62 | 6.19 |
| PAT (₹ Cr.) | 23.88 | 9.87 | 0.34 |
| Net Worth (₹ Cr.) | 52.25 | 10.51 | 0.64 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Savy Infra & Logistics | 3.44 | 10.46 | 76.1 | 52.25 |
| Avp Infracon Limited | 3.84 | 14.66 | 26.24 | 96.46 |
| Ganesh Infraworld Limited | 4.68 | 21 | 22.31 | 180 |
Subscription Details
Daily Bids Status
| Date | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 5.79x | 5.79x | 93.02x |
| NII | 1.79x | 8.61x | 196.44x |
| RII | 2.73x | 10.34x | 91.62x |
| Total | 3.29x | 8.66x | 114.49x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 11,07,600 | 10,30,24,800 | 1,236.30 |
| NII | 8,31,600 | 16,33,63,200 | 1,960.36 |
| RII | 19,39,200 | 17,76,64,800 | 2,131.98 |
| Total | 38,78,400 | 44,40,52,800 | 5,328.63 |
Company Details
- Office No. 718, Seventh Floor, Sharan Circle business Hub, Nr Sharan Circle Zunda Cross, Zundal, Gandhinagar, Gujarat-382421
- +91 9227027522
- compliance@savyinfra.com
- https://www.savyinfra.com/
Registrar Details
- Maashitla Securities Private Limited
- +91-11-45121795-96
- ipo@mashitla.com
- https://maashitla.com/allotment-status/public-issues